Burundi’s Mining Industry: A Hidden Gem

With substantial gold, rare earth metals and diamond reserves deposits largely under explored currently restricting sectoral contribution below 1% of GDP despite hidden potentials waiting unlocked, mining assumes policy priority as Burundi envisions exports diversification mitigating trade deficits over time. However, attracting risk capital necessitates reforms encompassing licensing clarifications, community rights protections and infrastructure upgrading facilitating sustainable extraction meeting highest ethical benchmarks warranted given ecological sensitivity abounding.
Moreover, strategic skills development, technologies transfer through joint ventures route encouragement and even medium enterprises fostering also hold merit on multiple fronts given immense value creations prospects mining promises sustainably managed as a poverty alleviation tool improving livelihoods when best practices get institutionalized holistically factoring mutual interests simultaneously thus benefiting all stakeholders ultimately over long term.

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